Gold Up on More Positive Euro Zone Situation
Reuters reported that a stronger euro and stock market recovery pushed gold prices up.
Articles Tagged "euro zone"
Euro Zone Concerns Cause Gold to Drop
Reuters reported that gold prices fell on new the Euro Zone might experience a credit downgrade.
Euro Economic Information Boosts Gold
Reuters reported that gold prices rose on news the European economy may be stabilizing.
Merkel’s Cap Rejection Causes Gold Price to Falter
The Street reported that gold prices dropped after news Germany's Chancellor was opposed to a European bailout fund cap.
European Debt Concerns Push Gold Prices Down
Reuters reported that fears European countries will be downgraded caused gold prices to fall.
Can Gold Help to Resolve the Eurozone Debt Crisis?
Debate over the potential of extensive gold reserves held by central banks to resolve the euro zone's economic problems have been pervasive in recent months just as fear of exposure to the sovereign debt crisis has grown. In fact, reports of the German central bank liquidating some of its gold reserves for the first time in almost a year have surfaced, selling 150,000 troy ounces in October.
The Case for Gold in the Euro Zone Bailout
Globe and Mail reported on gold's potential role in resolving the European debt crisis.
Gold Slips to 1-Week Low on Euro Debt Contagion Fear
Reuters reported that Euro zone debt fears caused gold to fall to its lowest in a week.
Gold Declines From Five-Week High in N.Y. Amid Renewed Europe Debt Concern
Bloomberg reported that anxiety over European debt caused gold prices to decline from a five-week high.
The Euro May Struggle to Stack Up Against Gold
Changes to the European Financial Stability Facility could mean a loss in value of the Euro currency in relation to gold and other precious metals.
